Apartment vacancy in Charleston at 13.7% in February

Image by Flickr user zarprey

The numbers are in for the month of February, and apartment vacancy in Charleston was at 13.7% according to a report from Charlotte-based research firm Real Data.

Despite the 13.7% sounding quite high, but believe it or not, that number is actually lower than the 15.3% vacancy reported one year ago.

The report also found that the total number of units has risen about 5% from a year ago as well. Both supply and demand for apartments has risen in Charleston - not surprising with the increase in traffic these days.

Read up on the numbers in the Charleston Regional Business Journal.

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